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Section k pip system instructions reformatted version section l idl supplementation calculator reformatted version revised 08 22 2017.
Payroll section. Additionally the section arranges collection of statutory deductions from pay processing of. The payroll division provides a payroll service to teaching and non teaching staff in primary voluntary secondary and community and comprehensive schools. Section 125 plans section 125 plans from paychex can save money for your company and employees.
Payroll works with your accounting department to ensure that wage deductions and other payroll expenses are paid and properly reported. We offer advice on matters of taxation national insurance and statutory payments to individuals and departments in accordance with university and hmrc regulations. Section z index.
The payroll services section of the division of personnel and labor relations is charged with maintaining accurate employee and time and attendance information in the alaska statewide payroll system iris in order to process pay for approximately 14 000 executive branch employees in 14 agencies. Section m master payroll certification reformatted version revised 11 14 2018. Payroll is a significant business expense and keeping costs down is a good business strategy.
A section 125 premium only plan pop and flexible spending account fsa also known as cafeteria plans can reduce fica federal and state and local taxes for your company and employees when combined with your company s group health insurance. The payroll section is responsible for paying staff on a weekly and monthly basis. Broadly speaking the payroll department pays employees accurately and on time.
A wide range of duties encompass this process. Retired personnel are also paid through this service. Co ordination and administration of a range of payroll services to.
Depending on the size of the business the payroll department may have one or two employees or several employees. Consider including a section in a company handbook on payroll that sets forth employer and employee rights and obligations. Payroll also makes deductions from employees wages for taxes wage garnishment health and life insurance flexible spending accounts and retirement investments.
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